Good points—especially for FL and CA which have been hard hit.
Our insurance is reasonable but the quoted replacement cost for the home is ridiculous—more than three times what we paid for it twenty years ago—and it was not new then.
If the rates start jumping I will definitely be looking at lowering that replacement cost—if the replacement is a slight downgrade no big deal.
Hurricane hit SW Florida....
That’s like everyone having a car wreck x10 on the same day.
Legislature is helping fix it....
During the “Supply Chain” crap-—a piece of plywood 4’ X 8’ went from about $7 to over $64 .